Unit 1 - Business Environment - Level 5

Unit 1 - Business Environment - Level 5 (Diploma in Business)

Task 1

1.1 Identify what type of organization is Primark and discuss its purpose. In addition identify and discuss the purpose of one organization within the following categories.

1.2 Describe the extent to which Primark meet the objectives of its different stakeholders.

1.3 Explain the responsibilities of Primark as an organization and the strategies employed to meet them.

Task 3

3.1 Explain how pricing and output decisions of businesses is determined in the following market structures

3.2 Illustrate the way in which market forces (Demand and supply) shape organizational responses using a range of examples.

3.3 Judge how the business and cultural environment shape the behavior of a selected organization.

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